Now at a new record low, Turkey's currency has lost more than 40% this year. The lira fell further as Erdogan spoke. The weakened currency's value has helped increase inflation and anxious worldwide investors.

On Friday, Mr Erdogan also held a telephone call with Russian President Vladimir Putin, with the pair discussing economic ties between their two countries.

The development comes after US President Donald Trump said on Friday he would be imposing a 20 per cent duty on aluminum and 50 per cent one on steel.

The president's characteristic defiance in the face of a shaky economy has further unnerved investors.

Erdogan has been putting pressure on Turkey's central bank to not raise interest rates in order to keep fueling economic growth. Relations between the United States and Turkey have been weakening for several reasons.

Trump Praises Mexico, Blasts Canada on TwitterMacNaughton said in an interview last week that predictions NAFTA can be settled by the end of August are "aspirational". On Friday, his critical tweet about Canada made a point of praising Mexico's president-elect Andres Manuel Lopez Obrador.

Mike Pence: US to create Space Force by 2020The last time the U.S. created a new uniformed military service was in 1947, when the Air Force was launched after World War II. The plan would increase the visibility of efforts to defend satellites from attack and other space-related tasks.

In Rize, Erdogan said the USA would pay a price by challenging Turkey for the sake of "petty calculations", denouncing Washington for declaring "economic war on the entire world" and holding countries "for ransom through sanction threats".

Erdoğan attempted to downplay economic concerns by telling Turks "not to worry", telling supporters they were in an "economic war" and to convert their dollars and "gold under the pillow" into lira. Its currency is plunging and Turkey is also in a diplomatic spat with the US, a major trading partner.

President Recep Tayyip Erdoğan has said that Turkey will respond to trade wars by seeking new alliances and heading to new markets, referring to U.S. President Donald Trump's decision to double the tariff on Turkish steel and aluminum.

Stocks in the USA and Europe skidded Friday as investors anxious about the financial stability of Turkey and how it might affect the global banking system. The United States sanctioned Turkey for imprisoning an American priest on bogus charges.

After Mr. Brunson had been in jail for nearly 20 months, a court in July ordered him to be moved to house arrest. The move came as Washington was in a diplomatic standoff with Ankara over Turkey's detention of an evangelical pastor from North Carolina.

Erdoğan said that the US had set a deadline of last Wednesday for Brunson's release, threatening Turkey with sanctions if it did not comply with USA wishes.

At the same time, the United States is fighting an economic war against China through tariffs and other measures.

A Turkish delegation visited Washington for talks this week but left with no signs of a breakthrough.

He also said increasing production, exports and employment was the best response to the country's challenges.

NAIJ.com previously reported that Lionel Messi has been named Barcelona captain following Andres Iniesta's exit from Camp Nou. Sevilla , meanwhile, return to the Super Cup for the first time since 2016 after finishing as finalists in the Copa del Rey.

It was interesting that, when asked about transfers, Sarri only ever mentioned that he might like another midfielder. One of the reasons why Chelsea splurged quite so much money was the goalkeeper's ability with his feet.

The Romanian broke the 15th-seeded Barty in the opening game and broke again for a 4-1 lead en route to taking the first set. "I can play my singles, do my best in my singles, then worry about the doubles when we have to".

Tesla CEO Elon Musk's tweets about taking the company private and having the funding to do it has the SEC's attention. Tesla CEO Elon Musk has confirmed that the company is working on its own chip designs for AI-based tasks in its cars.

Mourinho even warned, as the window drew to a close, the club was is in for a hard season if no more deals came over the line. I think football is changing". 'I think football is changing and managers should be called head coaches'.

Vertonghen and Alli struck either side of Joselu's equaliser for the Magpies with all three goals coming in the first 18 minutes. But the Blues were clearly the better side on the day despite not kicking into gear under Sarri just yet.

President Donald Trump on Friday tweeted that he had authorized the doubling of steel and aluminum tariffs on Turkey . Spot gathered further upside traction following another wave of selling pressure hitting the Turkish Lira .

The idea is to have the Power of the gear you find always be above what you now have, even if just by one level. Meanwhile, our world quests for destinations will now live in the Pursuits section of your character inventory.

He represented his country in three World Cups, including the 2002 edition, when Brazil won its fifth tournament title. He's believed to be in intensive care but further reports claim he's making good progress according to Mirror .

The Kiwi sits in a tie for 28th at four-under through three rounds after carding a two-under round of 68 on Sunday (NZ time). Woodland, even with the lowest 36-hole score in 60 years of stroke play at the PGA Championship, still had a long way to go.

Barcelona's Pique announces global retirement from Spain
His defensive partnership with Carles Puyol was key to Spain's maiden World Cup title in 2010, while he also won Euro 2012. Spain also lost the services of Pique's Barcelona teammate Andres Iniesta, who announced his worldwide retirement in July.

Nasa launches Parker Solar Probe to ‘touch sun’
No human-made vehicle has ever come so close - leading the American space agency to claim the probe will "touch" the sun. NASA hope the breakthrough journey will reveal why the sun's outer layer - the corona - is hotter than the surface.

Klopp: We are the Rocky to City's Drago
Yes, we should try to win it this time. "We want to compete with the biggest teams like Bayern Munich, Real Madrid and Barcelona". Dejan will not be available for the weekend, that's how it is.